Best Banks for Personal Loan in Raebareli
1% - 2.5% of the Loan Amt
Personal Loan in Raebareli Features
Are you running short out of cash? Do not worry. Personal Loan is available for you. This loan is unsecured with minimal documentation and less paperwork. It takes two days after the verification process for the loan to be approved.
Personal Loan Raebareli is an unsecured form of loan that provides financial aid at affordable interest rates. To be eligible for a Personal Loan, the applicants need to have a stable source of income along with a good credit history.
Also, there is no end-use restriction on the personal loan amount.
Personal Loan in Raebareli Interest Rates and Charges
To check Personal Loan Interest Rate for all major banks you can visit: Personal Loan Interest Rates
Personal Loan in Raebareli Documents Required
Salaried Customers:
- Identity proof (Aadhar card/driving license)
- Salary slips of last three months
- Aadhar Card/ PAN Card/ Voter ID/ Passport
- Residence Proof (Owned/Rented/Company provided)
- Bank statements for the last six months
- Passport-sized photographs – 2
*NOTE: In case of rented apartments, rent agreement needs to be attached.
Self-Employed Customers:
- All financials are required (Balance Sheet, P&L Statement as well as Tax Return files)
- Aadhar Card/ PAN Card/ Voter ID/ Passport
- Residence Proof
- Two passport-sized photographs
Personal Loan in Raebareli Eligibility Criteria
The eligibility criteria for both Salaried and Self-Employed are different:
Salaried Applicants
- The minimum age of eligibility is 21 years, and a maximum of up to 60 years.
- Work experience of the three years. The job location should be mentioned.
- A borrower should have a minimum income of INR 25,000 per month.
- The applicants must have an excellent credit history.
Click here to know more about- Salaried Applicant.
Self-Employed Applicants
- The minimum age requirement for an independent person should be 25 years.
- If the applicants are the businessman, then the business should be running from the past three years.
- A decent credit score with no debt or dues left.
- ITR documents for the last three years.
- The annual income of the applicants should be a minimum of Rs 2.5 lakh.
- The applicants have to submit their financial and his bank statement for the previous three months.
Click here to know more – Self-employed Applicant.
Why Apply for Personal Loan Raebareli?
- There is no need to deposit any mortgage and collateral security to the bank.
- A Personal Loan does not require any guarantor or nominee.
- A personal loan is a multi-purpose offer loan.
- The amount of personal loan depends upon the repayment of individual income and capacity.
How to apply for Personal Loan Raebareli?
- Visit Dialabank
- Navigate to the loan section and click on the personal loan link.
- You will be directed to all details of the personal loan.
- Choose your preferred city.
- Call 9878981166 for more assistance.
Processing Fee / Prepayment Charges on Personal Loan Raebareli
Every Bank and NBFC charges a fee for processing your Loan application. The charges vary between 1.5% to 2.5% of the loan amount.
In case the applicant wishes to foreclose the loan before the agreed loan tenure, every bank and lending institution charges a penal prepayment fee. In most cases, the applicant cannot close your loan before 12 months. Post that the charges vary depending on how many years the loan has done. These charges vary from 4% in the 2nd year to 2% in the 4th year of the loan.
Personal Loan Raebareli EMI Calculator
The monthly fixed charges that you pay to the bank as monthly repayment for the loan amount borrowed is called EMI. Based on your profile, the interest rate on your loan is determined. Your EMI is calculated basis the Rate of Interest you are charged by the bank and the amount of loan you have to take and the period for which you enjoy the loan.
CIBIL Score required for Personal Loan Raebareli
Every lending institution has its own set of criteria for the minimum CIBIL score required for processing a Personal Loan application in Raebareli. Most institutions demand a minimum score of 750 to process your loan application.
The institutions don’t just look at the overall score but also the individual behavior on the previous loans taken. This includes details on the type of loan taken and the amount borrowed. Any delayed payments for previous loans can act as a barrier to your availing a new loan.
Personal Loan in Raebareli Agent and Contact Number
Dialabank is the leading agent for availing Personal Loan in Raebareli. You can either apply online at Dialabank or give a call at 9878981166
Dialabank helps you to find the best option of Banks and NBFCs by providing a detailed market comparison of different banks so that you can make the right choice. Visit our website www.dialabank.com and fill a simple form with your personal and employment details. Our customer relationship managers will get in touch with you immediately.
Call 9878981166 and get instant help and approval for Personal Loan in Raebareli.
Pre Calculated EMI Table for Personal Loan Raebareli
About Raebareli
Raebareli is a famous city and a municipal board in the Indian state of Uttar Pradesh. It is also the administrative and district headquarters of Raebareli district and is a part of the Lucknow Division. The city is situated on the banks of the Sai river, lying southeast of Lucknow.
